The Beveridge Curve is the
A) negative relationship between the unemployment and vacancy rate.
B) negative relationship between the emploment and labour force participation rate.
C) positive relationship between the unemployment and vacancy rate.
D) negative relationship between the employment and vacancy rate.
E) positive relationship between unemployment and the labour force participation rate.

Question

Quizplus · Accepted Answer

The Beveridge Curve illustrates the inverse relationship between the unemployment rate and the job vacancy rate, indicating that as vacancies increase, unemployment tends to decrease, and vice versa.

The Beveridge Curve Is the